On Friday, Victoria’s Secret & Co. surged to its highest level in over two years, indicating that the biggest US lingerie manufacturer’s recovery is gathering momentum. Victoria’s Secret stock increased by up to 13%, reaching its highest point since May 2022, before reversing part of the gains. Through Thursday’s closing, the stock had already gained … Read more
The Indian automobile industry is facing considerable challenges as input and operating costs rise. Maruti Suzuki India (MSIL), the country’s largest passenger car manufacturer, has announced a price rise for its automobiles, following other automakers. The corporation confirmed that vehicle costs will climb by up to 4% starting in January 2025. This move coincides with … Read more
A proposal to purchase a 15% equity position in E2E has been made by Larsen & Toubro (L&T). According to L&T, this partnership will enable startups and companies by combining E2E Networks’ cloud and AI cloud platform with its knowledge of data center management and cloud solutions. Furthermore, L&T intends to purchase an additional 6% … Read more
The Qualified Institutions Placement (QIP) of Bharat Forge Ltd. has been authorized, with a floor price of ₹1,323.54 per share for the equity offering. The Board of Directors and shareholders already approved the decision through a postal poll, and the Investment Committee of the firm made it during a meeting on Wednesday. The offering’s indicative … Read more
Energy Observer Developments (EODev) of France and Greenzo Energy India (GEIL) will work together to introduce hydrogen fuel cell power units to India. In addition to providing maintenance services as an alkaline electrolyser manufacturer, Greenzo Energy will market EODev’s zero-emission generators. The 20-year partnership will give GEIL the chance to locally produce EODev products in … Read more
The Bihar Renewable Energy Development Agency awarded Bondada Engineering Ltd a work order of ₹108.9 crore on December 4th as part of the Mukhyamantri Gramin Solar Street Light Yojana. Designing, supplying, installing, testing, and commissioning smart solar street light systems are all part of the project, which also includes a five-year maintenance contract with remote … Read more
Swan Energy’s stock rose 15.40 percent during today’s intraday trading on December 4, reaching a three-month high of ₹728.70 a share before ending the day with a 12.34 percent gain at ₹709 per share. The stock jumped 53% in just six weeks as a result of this rise. According to a declaration submitted on Monday … Read more
Following the receipt of an order for over Rs 186 crore from East Central Railway, shares of Rail Vikas Nigam (RVNL) rose 3.2% and hit an intraday high of Rs 451.60. The business stated in its regulatory filing: We would like to notify you that East Central Railway has sent Rail Vikas Nigam Limited a … Read more
The state-run NTPC Ltd. subsidiary NTPC Green Energy Ltd., which was just listed, has drawn market interest with its remarkable stock performance. Because of the strong investor interest in the company’s sustainable energy concept, the shares have risen 44% over their IPO price of ₹108. A 10% higher circuit on Tuesday and a 9% surge … Read more
On Wednesday, December 4th, Abha Power and Steel Ltd. had a quiet debut on the stock exchange. The stock appeared on the NSE Emerge platform at a premium of more than 9%. Compared to its initial public offering (IPO) price of ₹75, shares of Abha Power and Steel stock opened the session at ₹81.90, up … Read more
